Form 4: Oscar Health CAO Sells Shares for Tax Obligations
Insider Transaction Report
Oscar Health's Chief Accounting Officer, Victoria Baltrus, sold 4,149 shares of Class A Common Stock to cover tax withholding obligations from equity award vesting.
Summary
- Victoria Baltrus, Chief Accounting Officer of Oscar Health, Inc. (OSCR), disposed of 4,149 shares of Class A Common Stock.
- The transaction occurred on December 2, 2025, at a weighted average price of $16.59 per share, with individual sales ranging from $16.37 to $16.78.
- The sale was executed under a Rule 10b5-1 plan established on August 8, 2025.
- The purpose of the sale was to satisfy tax withholding obligations related to the vesting of previously granted equity awards.
- Following the transaction, Victoria Baltrus beneficially owns 203,450 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: A neutral event. The sale is a routine, pre-planned transaction to cover tax obligations from equity vesting, not indicative of a change in sentiment towards the company's prospects.
Negatives
- An insider sale, even for tax purposes, can sometimes be perceived negatively by the market, though this is a common and expected event for equity compensation.
Future Outlook
N/A
Industry Context
This is a routine insider transaction for tax purposes, common across all industries for executives receiving equity compensation. It does not reflect specific industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Victoria Baltrus granted a Power of Attorney to designated individuals (R. Scott Blackley, Ranmali Bopitiya, Melissa Curtin, Allein Sabel) to prepare and file SEC Forms 3, 4, 5, Schedule 13D, and 13G on her behalf. | 2022-02-08 | Streamlines the process for insider reporting compliance, ensuring timely and accurate filings for the reporting person. |
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, but for a routine tax purpose, so minimal impact on confidence.
- Employees: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 2022-02-08 | Victoria Baltrus granted a Power of Attorney for SEC filings. |
| 2025-08-08 | Rule 10b5-1 instruction letter entered into for planned stock sales. |
| 2025-12-02 | Transaction date for the sale of Class A Common Stock. |
| 2025-12-04 | Date Form 4 was signed by attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine, pre-planned sale of shares by a Chief Accounting Officer to cover tax obligations upon equity award vesting. Such transactions are common and do not typically reflect a change in the insider's view of the company's fundamentals or future prospects. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation based solely on this filing.
Keywords
Oscar Health, OSCR, Insider Trading, Form 4, Stock Sale, Equity Awards, Tax Withholding, Victoria Baltrus, Chief Accounting Officer, Rule 10b5-1
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